#One Time Settlement (OTS)

Bombay High Court rules that electricity suppliers cannot recover minimum guarantee charges post-permanent disconnection, even if paid during temporary disconnection. The judgment also invalidates one-time settlement (OTS) approvals without consumer consent and mandates security deposit refunds, reinforcing consumer protection in electricity supply agreements.

Rajasthan High Court holds that failure to deposit 25% of the bid amount on the auction date under SARFAESI Act extinguishes the auction purchaser's rights, even if amended Section 13(8) applies. The ruling underscores strict compliance with deposit timelines in secured asset auctions, impacting lenders, borrowers, and bidders.